Tim, I'm not going to get in a semantical pissing contest about hard currency. The point was, that if other major countries return to gold, silver, or even gems, as their financial base, we are screwed.
30 years ago, every high school graduate knew who the President was, when the Civil War began, etc. ad infinitum, but the graduates of today don't know squat about much of anything. High school graduates are checkers at burger joints, and many of the department stores, and they can't even count money. Just as a test, I will give them an amount of money that requires that they add, and/or subtract, and they look at as if I asked them to explain the atom bomb. IOW, the schools are graduating idiots these days. Yes, there are some great graduates that know more than we did when we graduated, but they are in a small minority. |